Stories Related to Microsoft Takes $6.2 Billion Charge, Slows Internet Hopes

Microsoft

(Reuters) - Microsoft Corp admitted its largest acquisition in the Internet sector was effectively worthless and wiped out any profit for the last quarter, as it announced a $6.2 billion charge to write down the value of an online advertising agency it bought five years ago.

Sections:  news   business   
RELATED ARTICLES
BING NEWS:
  • As millions lose federal help to pay for internet, some areas aim to fill the gap
    In the small North Carolina town of Bryson City, just outside Great Smoky Mountains National Park, Kathleen Wain raises two grandchildren in her subsidized-rent apartment, taking them to sing in a ...
    05/13/2024 - 10:01 pm | View Link
  • Don’t Overpay for Internet: 9 Steps to Lower Your Bill Today
    Use a service to lower your bills. Companies like BillCutterz will evaluate your monthly bills — for internet and other services — and negotiate lower prices on your behalf ...
    05/7/2024 - 11:00 pm | View Link
  • Millions of Californians will see higher internet bills as a federal program’s funds deplete
    Millions of Americans will soon see higher internet bills as a popular government program that granted $30 monthly discounts for internet service dwindles on funds. April will be the last fully ...
    04/30/2024 - 8:01 am | View Link
  • Microsoft announces US$1.7 billion investment to advance Indonesia’s cloud and AI ambitions
    Microsoft Chairman and CEO Satya Nadella announces a $1.7 billion investment to advance new cloud and AI infrastructure in Indonesia during the Microsoft Build: AI Day on April 30, 2024 in Jakarta, ...
    04/29/2024 - 1:00 pm | View Link
  • Microsoft’s $1.5B funding for G42 signals growing US-China rift
    On Monday evening, Microsoft announced a $1.5 billion strategic investment in G42, the Abu Dhabi-based company that has become a major force in the United Arab Emirates’ effort to be a global ...
    04/15/2024 - 9:44 pm | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News